House Approves the Fiscal Year 2015 Transportation, Housing and Urban Development Appropriations BillLegislation prioritizes funding on important infrastructure investments

Washington, Jun 10 -

The House today approved the fiscal year 2015 Transportation, Housing and Urban Development funding bill on a vote of 229-192. The legislation includes funding for the Department of Transportation, the Department of Housing and Urban Development, and other related agencies.

In total, the bill reflects an allocation of $52 billion in discretionary spending – an increase of $1.2 billion above the fiscal year 2014 enacted level and a decrease of $7.8 billion below the President’s budget request. However, given the reduction in offsets caused by a decline in Federal Housing Administration receipts, the program level within the bill is more accurately $1.8 billion below the current level. Within the legislation, funds are targeted toward transportation, infrastructure, and housing programs of national need and significance that have the biggest impact on Americans and communities across the country.

“This is sensible, balanced bill that prioritizes funding on important transportation programs that will help to boost our economy and improve our quality of life, while also providing housing options to those Americans most in need,” House Appropriations Committee Chairman Hal Rogers said. “This is a critically important, fiscally accountable piece of legislation, and I am pleased that the House today gave it our stamp of approval.”

Transportation, Housing and Urban Development Subcommittee Chairman Tom Latham added, “My priorities in this process were to act in a bipartisan fashion to fund our most vital programs while addressing our critical need to reduce the deficit. This is a sound, commonsense bill that meets our highest transportation and housing priorities in a fiscally responsible way.”